Following the recent announcement regarding the STA1220 chip development for the forthcoming “Vega Home Bitcoin Miner”, Syan Technologies, the tech arm of the Dubai-based Zahrani Group, say that they are now on track to start shipping batch one pre-orders in January 2018. The exact number of machines that will be available to the public from this first production run has not yet been specified as it is understood that a major corporate purchaser has already snapped up much of this initial batch for farm use, though Syan Technologies wish to assure prospective purchasers that there will be enough units available to fulfil anticipated demand.

Mr. Koji Tanaka, Syan Technologies’ project manager and spokesperson speaking from the group’s new Hong Kong facility, says in today’s statement, “Everything is going to plan and we are already gearing up to meet our production obligations. We were initially looking to have a manufacturing run of twelve hundred units, though with chip production actually proceeding ahead of schedule we should now be able to expand this first batch, maybe to fifteen or sixteen hundred. We most certainly do not intend to leave any of our prospective customers disappointed.”

The new Vega Home Bitcoin Miner incorporates Syan’s own STA1220 chip, using advanced 14nm process technology to give significantly improved performance and economy figures over the standard 16nm chips built into most current mining machines. The Vega’s published efficiency ratio of 0.078 J/GHs is a good 20% better than its nearest competitor, the Bitmain Antminer S9, which comes in at 0.098 J/GHs.

It is believed that Syan Technologies will start taking advance orders from the public in November of this year, and the unit retail price has been provisionally set at US$1,895.00, though this may be subject to adjustment.

Syan Technologies are a Hong Kong based designer and producer of digital currency mining machines and FinTech, currently focusing on the forthcoming release of their Vega Home Currency Mining series. They comprise a dedicated and highly motivated team of designers, technicians and mathematicians of diverse backgrounds – from as far afield as California, London, Sweden, Russia and Vietnam – with just one thing in common; they aim to design and produce the most cost-efficient and durable ASIC mining machines in the world.